"All these new lines will come in multiple colors, one of the lines will come in two size capacities, and the other two lines will come in a single storage capacity." said 9to5Mac. Cheak out iPhone 5 price in UK too.

With the iPod Touch only available in black and white it is believed that this is not the third line. Instead it could be an entirely new iPod since there is evidence of a smaller, yet taller iPod with a larger screen and home button – perhaps an iPod Mini. See also How to watch Apple's iPhone 5 launch live.

It was rumoured that an iPad Mini would be unveiled with the iPhone 5 this week but this now looks like it will get a separate event in October.